SBI PO (State Bank of India Probationary Officer) salary attracts thousands of banking aspirants every year. SBI releases vacancies annually, and the salary package is always higher than that of other banks in India. State Bank of India offers various other benefits along with salary, such as medical and telephone bill reimbursement, etc. sbi bank po salary increased last year. The average SBI PO salary in 2026 is approximately Rs. 82,000 per month. In this article, we will discuss the details about SBI PO salary, allowances, perks, career growth, etc.
SBI PO salary 2026
The SBI PO basic starting salary is Rs. 56,480 (Rs. 48,480 + 4 Advanced increments). The detailed salary structure for SBI PO is 48480-2000/7-62480-3240/2-67160-2680/7-85920.
The officers are also eligible for Dearness Allowance, HRA, medical and other allowances and perks. The sbi bank po salary maximum basic salary can be Rs. 85920. In metro cities like Mumbai or Delhi, an SBI PO gets the 20 lakhs CTC.
SBI PO salary structure
The initial in-hand salary for SBI PO 2026 is Rs. 80,000 to Rs. 82,000 per month. SBI probationary officers in metro cities are getting CTC of Rs. 20.43 lakhs. Here is the detailed salary structure of SBI PO:
| Parameters | Amount |
| Basic Pay | Rs. 56,480 (Rs. 48,480 + 4 advance increments) |
| Special Allowance | Rs. 14,967 |
| House Rental Allowance | Rs. 4,518 |
| Dearness Allowance | Rs. 15,327.01 |
| Location Allowance | Rs. 1,200 |
| Learning Allowance | Rs. 850 |
| Gross salary | Rs. 93,342.61 |
| Deductions (PF/ income tax, etc.) | Rs. 12,993 |
| Net Salary | Rs. 80,350 |
SBI PO Salary Deductions
Gross salary of Sbi bank po salary is Rs. 9,342 per month. After deductions, the in-hand salary provided to SBI PO is approximately Rs. 80,000. The major deductions for SBI PO gross salary are:
| Employee PF contribution | Rs. 5,648 |
| Professional Tax | Rs. 200 |
| Contribution Pension Fund | Rs. 6,845 |
| Union Associa Membership | Rs. 300 |
| Total Deductions | Rs. 12,993 |
SBI PO In-Hand Salary
SBI PO in-hand salary is high after adding all the appliances and subtracting necessary deductions. Monthly take-home salary for SBI PO ranges from Rs. 80,000 to Rs. 82,000. The higher in-hand salary is because of higher HRA or leased accommodation and CCA.
In rural areas or non-metro cities in India, the SBI PO in-hand salary is slightly lower because of a lesser allowance. The SBI PO monthly in- hand salary in non-metro locations is approximately Rs. 80,000.
The exact in-hand monthly salary of SBI PO depends on various factors, including location, allowances, and deductions such as PF, pension, etc.
SBI PO salary increment
SBI probationary officers get yearly increments. As per SBI policies, PO gets annual increments, and the extra benefits are also increased at regular intervals. The sbi bank po salary increment cycle is mentioned below in detail:
| Year Range | Increment Rate | Resulting Basic Pay |
| Joining Salary | No increment | ₹48,480 |
| Years 1–7 | ₹2,000 annually | ₹62,480 |
| Years 8–9 | ₹2,340 annually | ₹67,160 |
| Years 10–16 | ₹2,680 annually | ₹85,920 |
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SBI PO Service Bond & Probation period
When you are selected for sbi bank po salary, you will be entitled to some employment conditions, such as a service bond and a probation period. The details about the service bond and probation period are mentioned below:
Service Bond
SBI Probationary officers sign a service bond of Rs. 2 lakhs upon joining. This bond is the agreement that the officer is ready to serve the bank for a minimum of 3 years. If you resign from the job before this period, SBI will recover the bond amount from you.
Probation Period
SBI probationary officers are placed under a 2-year probation period, and banks monitor and evaluate the officers’ performance and suitability based on internal policies. An officer will be confirmed as a permanent employee if he/she fulfills the required performance standards. Canddite will then be promoted to Junior Management Grade Scale – 1 (JMG S-1).
SBI PO Allowances
The allowance offered to sbi bank po salary, along with basic pay, is mentioned below in the table:
| Allowance | Amount |
| Dearness Allowance (DA) | 19.83% of the Basic Pay |
| City Compensatory Allowance (CCA) | 3% – 4%, depending on location |
| House Rent Allowance (HRA) | 7% – 9%, based on place of posting |
| Furniture Allowance | ₹1,20,000 (one-time or as per bank rules) |
| Medical Insurance | 100% coverage for employees, 75% for dependent family members |
| Travelling Allowance (TA) | AC 2-Tier fare reimbursed for official travel |
| Petrol Allowance | ₹1,100 – ₹1,250 |
| Newspaper, Entertainment, Books, Allowance, etc. | Varies according to cadre |
SBI PO Perks
SBI offers various additional perks to the Probationary officers, including:
- Telephone bill reimbursement
- Home travel concession
- Cashless treatment
- House maintenance allowance
- Lower interest rates on different types of loans.
SBI PO career growth
SBI POs are immediately promoted based on their performance after the probation period. A candidate appointed as PO can go up to the chairman. The sbi bank po salary career growth is mentioned below:
- Assistant Manager
- Deputy Manager
- Manager
- Chief Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
- Chief General Manager
- Deputy Managing Director
- Managing Director
- Chairman
Conclusion
SBI PO salary is Rs. 80,000 to Rs. 82,000 per month. The starting basic salary is Rs. 56,480. Along with basic pay, the sbi bank po salary gets various allowances and perks. The job offers regular increments and fast growth opportunities. SBI probationary officers get professional stability and personal growth.
FAQs
Q1)What is the SBI PO take-home salary per month?
The SBI PO per month takes-home salary is from Rs. 80,000 to Rs. 82,000. In metro cities, the in-hand salary is higher than in non-metro locations because of higher allowances.
Q2)What is the frequency of SBI PO salary increments?
Yes, SBI PO salary increment occurs every year as per the official pay scale. The allowances also increased periodically.
Q3)Does SBI offer a higher salary to PO than other banks?
Yes, SBI is offering a higher salary to PO than other banks. It is because of higher allowances, higher basic pay, and other perks.
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